Warehouse project starts near D/FW Airport

Developer Jackson Shaw has begun construction on a 511,500 square-foot warehouse building near Dallas/Fort Worth International Airport.

The 30-acre Parc Royal business park is on Royal Lane in Irving and will open in late 2014.

A second phase of development would increase the project to 641,500 square feet.

Texas Capital Bank provided the financing for the project and Mycon General Contractor Inc. is the builder. GSR Andrade Architects designed the building.

Stream Realty Partners is handling leasing.

“The D/FW Airport has been and will continue to be a significant economic driver for the area, and right now vacancies are at a 30-year low,” Jason Nunley, vice president at Jackson-Shaw, said in a statement.

Jackson Shaw has successfully leased its Parc 114 business park in the same area.

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